Hong Kong stock market opens | Hang Seng Index opens 268 points, Tencent falls close to 2%, Xiabuxiabuying, warning 9%, Goldman Sachs buys funds to buy Chinese stocks

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Hong Kong stock market opens | Hang Seng Index opens 268 points, Tencent falls close to 2%, Xiabuxiabuying, warning 9%, Goldman Sachs buys funds to buy Chinese stocks

The US announced several economic data last week that were comparable to forecasts. Not only did the market heat up against the Federal Reserve's interest rate cut expectations, but it was also concerned about the “hard landing” of the local economy, causing US stocks to plummet last Friday. Major bank Goldman Sachs indicated that the hedge fund had surplus in US stocks and began to buy Chinese stocks, causing the mainland and Hong Kong stock ma…